Carrefour wants to acquire 130 Coop d’Alsace stores | RetailDetail

Carrefour wants to acquire 130 Coop d’Alsace stores

Carrefour wants to acquire 130 Coop d’Alsace stores

Big shake-up in the French retail world: Carrefour is having exclusive talks to purchase the majority of the Coop d’Alsace convenience stores. The transaction would fit CEO Georges Plassat’s idea to strengthen Carrefour’s position in its home market. Carrefour is particularly weak in the Elzas region.

“Carrefour offers best guarantees”

Coop d’Alsace was looking for a solution for these specific stores, as it was experiences too much competition from French and German chain stores, leading to its severe financial problems. At first, it was thought that competitor Casino, already supplying the chain, would pry away the Coop d’Alsace stores, but the discussions eventually led to nothing.


According to the board of directors at Coop d’Alsace, Carrefour is offering the best guarantees to assure employment, the retention of stores and the valorization of local products. Carrefour is willing to acquire more than 90 % of the 144 stores, employ more than 90 % of the 440 workers and create a solution for the stores that risk closure.


Carrefour under-represented in the East

The possible buyout is an opportunity for Carrefour to boost its meagre presence in the East of France. That is why Carrefour would like to rename the stores in the urban centres into Carrefour Market, Carrefour City or Carrefour Express. Rural stores will, at first, keep their current brand name.


Coop d’Alsace had previously sold its 22 supermarkets and 6 hypermarkets to E.Leclerc. When it sells its convenience stores, Coop d’Alsace is left with 4 cafeterias, a logistics centre and an industrial butchery. The latter will continue to supply the convenience stores and possibly other Carrefour stores in the East of France.



(translated by Gary Peeters)

Questions or comments? Please feel free to contact the editors

H&M disappoints once again


Swedish fashion chain Hennes & Mauritz had to present less than favourable results for its new fiscal year: investor trust has dwindled, now that sales in its home territory have also dropped for the first time in decades.

Bureau of Competition approves Yoox Net-a-Porter bid


The Italian Bureau of Competition has approved Swiss Richemont’s possible acquisition of Italian fashion webshop Yoox Net-a-Porter.The full bid, yet to be accepted, values the company at 2.7 billion euro.

Donatella Versace denounces fur


Italian fashion brand Versace will no longer use fur. Designer Donatella Versace no longer wants to kill animals for fashion, she explained in an interview with The Economist.

"Best year ever" for Danish shoe brand Ecco


Ecco can look back on 2017 as its best financial year ever. The Danish shoe brand, known for its “follow the foot” philosophy, exceeded its own expectations thanks to an 8 % growth.

Strong 2017 for Adidas


German sports brand Adidas achieved a 16 % turnover increase in 2017, if exchange rates had remained stable. Profit nearly grew a third and the company forecast a 10 % growth for 2018.

Strong growth for Inditex thanks to online turnover surge


Inditex, which owns fashion chains Zara and Massimo Dutti, managed decent growth in the past year, despite a strong euro. Its online clothing sales performed very well.

Back to top